MAD MONEY RECAP | LIGHTNING ROUND | Thursday, 01/17/08

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	Thursday, 01/17/08 Posted 01/18/08, 8:16 am	(Scroll down to see Jim's comments below)



Today's date: Thursday, 01/17/08

	Dow Jones:	12,159		- 306
	NASDAQ:		2,346	- 47
	S&P 500:		1,333	- 39


■	Stock Snapshots - Includes all stocks from callers' questions	■

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Jim Cramer's rating on this stock	STOCK SYMBOL	Closing price that day	Opening price next day	Full Company Name/Comments (see comments above for each)
	HEW	34.17	34.41	Hewitt Associates Inc. (HEW) HEW - I know the company well. It does actuary business. One of my friends works there. I think it's a good company. I think it's a nice, stable company. Now remember, because it has to do with employment, everyone's going to sell it. But, you know, this is kind of a good, put-it-away kind of company. Don't buy it all at once.
	DELL	20.86	21.00	Dell Inc. (DELL) DELL - I see very, very little upside in DELL. There are just too many players in that business. Michael Dell came back. We respect his business acumen. But there's just really not a lot of upside there. I can't tell you to buy or sell Dell at this level. There's just nothing interesting or exciting about that stock. Don't buy, don't buy... If I wanted action... if I felt that the market was going to go up, I'd just sell it and buy something better.
	PHG	36.88	36.94	Philips Electronics NV (PHG) PHG - I like European markets better than American markets. I've liked PHG. It's got a growth path. Everything's going down everywhere, worldwide... This is a better stock than a lot of the conglomerates that I know in the United States. I would hold onto it.
	F	5.76	5.81	Ford Motor Co. (F) F - You have to own the preferred, you can't own the common... Ford Preferred gives you a nice dividend while you're waiting... it gives you nice income for the turn. You're not going to be able to catch the 5-to-8 but, in the interim, you're going to make some money... That's what I suggested with Countrywide Financial Corp. (CFC). That worked. That's what will work for Ford.
	DVN	80.70	81.10	Devon Energy (DVN) DVN - DVN has unbelievable properties in the Gulf of Mexico... I think natural gas is absolutely the fuel of the future. Here's what I would do with DVN... This is the same thing I advised earlier with ConocoPhillips (COP)... I bought a little today for my charitable trust... What I'm doing is buying on the way down. If you want to have 500 of DVN, buy 100 tomorrow, and buy another 100 every three points down... That's company's worth a lot to a BP plc* (BP)... It's worth a lot to a Stat Oil... It has unbelievable finds in the Gulf. I'm not giving up on it.
	ABAX	37.05	36.51	Abaxis Inc. (ABAX) ABAX - Right... that's our kind of diagnostic, blood analysis company... we like those companies... I'm going to be very, very honest. I want you to take a profit. That group is good, but I have seen even the diagnostics stocks come under pressure. Like I said with IDEXX (IDXX) the other day, these stocks are going to come down... and you've got to wait for them to come down, and you buy them. But yours hasn't come down yet. I want you to ring the register (i.e., sell) and take some gains in that stock. I like the business, but it's too risky to hold onto those.
	FTEK	17.50	18.00	Fuel-Tech, Inc. (FTEK) FTEK - FTEK is another one, like Foster Wheeler (FWLT). These are companies that make cleaner energy. Frankly, FWLT has come down 40 points... I like that more than FTEK. These are stocks, though... let's reiterate... the world thinks that oil is going back to $80. I disagree with the world, but you have to understand that the consensus, as I say in Jim Cramer's Stay Mad For Life, a lot of times the consensus is right for a short time, or even for a period of months. You've got to be careful. The consensus says oil is going down, and you buy something like a Devon Energy (DVN) or a FWLT. Those are more reliable.
	FWLT	128.58	129.55	Foster Wheeler (FWLT) See FTEK comments above for: FWLT
	PG	68.07	68.40	Procter & Gamble Co. (PG) PG - All right, I think we're getting an unbelievable buying opportunity in PG, if it goes to $65. Let me tell you why... They've already told you that they're going to spin off Folgers. They're clearly unhappy with the growth of the company. They had some raw cost concerns, because oil went up. People feel oil is going down. PG is down 8 straight points. If it gets to $65 tomorrow, boy, I think you buy some and you put it away. That is a really well-run company. Price target to buy PG: $65.00
	FSLR	167.20	173.30	First Solar, Inc. (FSLR) FSLR - No, because the world thinks that oil is coming down. FSLR is a fabulous company that is highly speculative here. It traded much higher here. Here's what I would do... (buzzer sounds)... If I want 100 shares of FSLR, I'd buy 25 here, and then I would literally wait another 25 points (down)... That's how bad and nasty this bear market has suddenly become, because your friend, Ben Bernanke did not take action in time to save the economy or the market, and that's why all of this is happening.
	PPL	51.03	51.48	PPL Corporation (PPL) PPL - That is a total and unequivocal winner in a growth area. I used to pay them a bill... and, when I started paying them those excess bills at my hedge fund, I decided to start buying PPL. You've got a winner... May I throw in Exelon (EXC)?... I like EXC and I like PPL. I would stick would them.
	EXC	77.57	77.49	Exelon Corp. (EXC) See PPL comments above for: EXC

				[ end of lightning round ]

Go to the CLOSING SEGMENT from tonight's show here >>

See current quotes on Yahoo! Finance from tonight's show stocks here >>

Symbol keys:
	A Charitable Trust stock. - An asterisk next to a stock symbol indicates that Jim mentioned it is a stock that he manages within his charitable trust portfolio. You can see the complete portfolio of stocks here >>
	Thumbs up - indicates he would buy the stock or, at the very least, not sell the stock. We do our best to interpret Jim's opinion on stocks, as we think it is indicated by his comments during the show. Please read his comments to decide for yourself.
	Thumbs down - indicates he has said not to buy or to sell the stock, based on his comments We do our best to interpret Jim's opinion on stocks, as we think it is indicated by his comments during the show. Please read his comments to decide for yourself.
	Back up the truck - indicated by Jim, when he says the stock is so good, that he would do a 'mon-back' on the stock... In other words, this is the sound someone would say to a truck driver, "Come on back... " as he is "backing up the truck" to load up on his cargo. Translation for buying stocks: This recommendation by Jim indicates that, after you do your own homework on the stock, you should feel comfortable loading up on it, as it is in a good position to be bought at this point.
	Stumped. - Of the 2,000+ stocks that Jim Cramer has in his head, for which he has an informed opinion, he sometimes comes across a caller with a stock he does not know well enough to opine on... He then indicates he is stumped and will have to come back to it, after he does some homework of his own on the stock. This usually occurs during the Lightning Round, when Jim does not know in advance who is calling, or what their stock question is about.

Definitions of key phrases used by Jim, known as "Cramerisms":

Definition: 'Pull the trigger' is Jim's phrase for making the decision at that point to trade - either to 'buy' or to 'sell' (although he usually uses the phrase for buying), as if to say you should feel comfortable enough to make the final decision without looking back...

Definition: 'Ring the Register' is Jim's phrase for selling a stock, and making it a final sale, that you should not look back on. Put it behind you.

Definition: 'Let It Come In' indicates how you may wait for it to pull back, or have the stock price come down briefly, as your chance (after letting it come in) to buy the rest of your position (i.e., total number of shares you own in that stock).

Definition: 'backing it up' or 'doing a 'mon-back' is Jim's phrase for the metaphor of backing up a truck to load up on a stock by buying it. 'Mon-back is short for the imaginary worker saying, 'Come on back...' as the truck is backing up to receive its load... Notice that we use the little truck icon to indicate where Jim has mentioned this. Translation for buying stocks: This recommendation by Jim indicates that, after you do your own homework on the stock, you should feel comfortable loading up on it, as it is in a good position to be bought at this point.

See more "Cramerisms" & other financial phrases here >>